Kemper (NYSE:KMPR) Director Suzet Mckinney Sells 504 Shares

Kemper Corporation (NYSE:KMPR) Director Suzet Mckinney sold 504 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $34.66, for a total value of $17,468.64. Following the transaction, the director owned 5,060 shares in the company, valued at $175,379.60. This trade represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kemper Trading Down 0.1%

Shares of KMPR stock traded down $0.05 on Monday, hitting $34.19. The stock had a trading volume of 1,274,342 shares, compared to its average volume of 914,098. The company’s 50 day moving average price is $39.48 and its 200-day moving average price is $45.91. Kemper Corporation has a 1 year low of $30.05 and a 1 year high of $69.83. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.18 and a quick ratio of 0.19. The firm has a market capitalization of $2.00 billion, a P/E ratio of 15.61 and a beta of 1.14.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, February 4th. The insurance provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.60). The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.22 billion. Kemper had a net margin of 2.99% and a return on equity of 8.02%. The business’s revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. Analysts anticipate that Kemper Corporation will post 6.03 earnings per share for the current year.

Kemper Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th will be issued a dividend of $0.32 per share. The ex-dividend date is Tuesday, February 17th. This represents a $1.28 dividend on an annualized basis and a yield of 3.7%. Kemper’s dividend payout ratio is 58.45%.

Analyst Ratings Changes

KMPR has been the topic of a number of recent research reports. William Blair lowered Kemper from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 18th. Weiss Ratings restated a “sell (d+)” rating on shares of Kemper in a report on Monday, December 29th. Citigroup cut Kemper to a “market perform” rating in a research note on Thursday. Zacks Research raised Kemper from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Raymond James Financial lowered shares of Kemper from an “outperform” rating to a “market perform” rating and set a $60.00 target price on the stock. in a research note on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Kemper has an average rating of “Reduce” and a consensus target price of $56.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KMPR. Integrated Wealth Concepts LLC lifted its stake in Kemper by 39.9% during the first quarter. Integrated Wealth Concepts LLC now owns 4,933 shares of the insurance provider’s stock worth $330,000 after purchasing an additional 1,406 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Kemper by 16.2% during the first quarter. Goldman Sachs Group Inc. now owns 557,786 shares of the insurance provider’s stock worth $37,288,000 after purchasing an additional 77,764 shares in the last quarter. United Services Automobile Association acquired a new stake in Kemper during the first quarter worth approximately $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Kemper by 4.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 198,248 shares of the insurance provider’s stock worth $13,253,000 after buying an additional 9,008 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Kemper by 112.7% in the 1st quarter. Jane Street Group LLC now owns 10,516 shares of the insurance provider’s stock valued at $703,000 after buying an additional 5,573 shares in the last quarter. 86.23% of the stock is owned by institutional investors and hedge funds.

About Kemper

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.